From those 139 stocks, we'll single out a few big U.S. manufacturers:
Caterpillar
,
Deere & Company
, and
General Dynamics
. The latter stock has dropped 45% year to date and trades for just 8.1 times trailing-12-month earnings per share. That P/E multiple stands just above a 20-year low of 7.9.

Our table of expensive-looking stocks features those whose book value, earnings and sales multiples all stand above their five-year averages. This week, just four Beltway Index stocks qualified. Among them: technology services concerns
ManTech International
and NCI.